Analyst Ratings for Waters Corp. (WAT)

Updated: 2017-07-29

Analysts covering Waters Corp. (NYSE:WAT) have given it a consensus rating of Hold. About 30 days ago, WAT was issued an average rating of Overweight.

17 analysts issued ratings on the stock, where 4 gave WAT a buy rating, 2 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

WAT was given price targets by several analysts. The most optimistic price target was 210, which equates to a potential upside of 20.61 percent. The lowest price target was 164, which equates to a potential downside of -5.81 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.29 percent. That number becomes 0.29 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.68 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.75 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 8 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 11 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of WAT to grow at a rate of 12.01 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WAT is 2.19.

WAT has a 52-week high of 187.65 and a 52-week low of 133.35. Today's price is 30.57 percent above the 52-week low, and 7.22 percent below the high. WAT has a price/earnings ratio of 26.3. Investors typically compare the P/E ratio to a company's peers in the industry. The WAT value stock report compares WAT to some of its peers using value stock charts. The market cap of WAT is $13.86 billion. WAT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.